Tecom cannot dictate terms: Finance Minister

Tvm: Coming down heavily upon the Tecom authorities, the main promoters of SmartCity project, Kerala Finance Minister Shri Thomas Isaac said that the Tecom cannot dictate the government were to sign and what not to do. Thomas Isaac said, the Tecom is putting some fresh demands and the LDF government is not liable to heed to each demand put forward by Tecom.

He also added that like the UDF government the LDF will not succumb to pressure tactics. Minister said, the government is committed to implement the project and the project will materialize at the same place where it was planned. Thomas Isaac added that, the project was bought to Kochi after several rounds of discussion at various levels.

Last week, Kodiyeri Balakrishnan Home Minister had said that, the government would look for “other options” if Smart City Dubai, the developer of the proposed Rs.1,500-crore ($300 million) IT project, did not resolve its differences with the state and start construction soon.